Forum: Collective2 Suggestions, Feedback, Questions
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| Subject: | Trading in my own account |
| Posted by: | Thomas Goodrich ( C2 Score: 419 ) |
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| When: | 3/28/12 (17:37) | |
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| | I have a forex account with MB Trading and I use 2 subscriptions that auto trade. I went to MB Trading platform and made a trade myself. A few hours later I got an e-mail for you stating that auto trading had been stopped because I had entered an order myself. Is there a way I can trade the account without losing "Auto-trade". |
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| | In response to post by Thomas Goodrich of 3/28/12 (17:37) I have a forex account with MB Trading and I use 2 subscriptions that auto trade. I went to MB Trading platform and mad...
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Hi, Thomas -
Anytime we see an unexplained "manual" order in your account (i.e. an order you enter directly at your broker, and not through a C2 screen), then we shut down Autotrading. We do explain this when a customer initially sets up AutoTrading. It's really a safety feature.
Now, if you want to conduct discretionary trading alongside other C2 systems that you'll be AutoTrading, you might want to consider creating a C2 "system" whose sole function is to handle your discretionary trading. You can keep it a private/test system, so that no one sees it but you. You can elect to AutoTrade your own system. Thus, you'll be able to enter discretionary trades through C2, and the AutoTrading of other systems won't be affected.
It's not the most perfect solution, but it's something worth considering.
Matthew |
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| Subject: | Trading in my own account |
| Posted by: | Mark Pey ( C2 Score: 583 ) |
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| When: | 3/30/12 (2:06) | |
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| | In response to post by Matthew Klein of 3/29/12 (9:21) Hi, Thomas -
Anytime we see an unexplained "manual" order in your account (i.e. an order you enter directly at your broker, and not through a C2 screen), then we shut down Autotrading. We do explain this when a customer initially sets up AutoTrading. It's really a safety feature....
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Hi, this sounds like a good-ish option. Would I pay a fee for such a self-managed private system? (And while I have your attention, any timing on the Interactive/Gen3 connection? It's been a long wait...thanks) |
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| Subject: | Trading in my own account |
| Posted by: | Mark Pey ( C2 Score: 583 ) |
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| When: | 3/31/12 (0:25) | |
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| | In response to post by Mark Pey of 3/30/12 (2:06) Hi, this sounds like a good-ish option. Would I pay a fee for such a self-managed private system? (And while I have your...
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Just adding: I have tried trader68 with Interactive and I (and they) could not get it to work. |
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What is the C2 Score?
Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.